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Crypto Rally Continues as Inflation Data Clears Path for September Rate Cut
Bitcoin and other major cryptocurrencies surged on Wednesday after July inflation data came in line with expectations, raising hopes for a Federal Reserve interest rate cut next month. The consumer price index report showed headline inflation holding steady at 2.7% year-over-year, matching forecasts and keeping the Fed’s easing path intact. Bitcoin traded near $119,000 following the data release, just 3% below its record intraday high of $123,166 reached in mid-July. The world’s largest cryptocurrency gained 0.3% over 24 hours as traders positioned for potential monetary policy changes. The July CPI reading met ... (full story)
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From financemagnates.com|Aug 13, 2025XRPUSD is trading within a defined range after facing multiple rejections at the 3.33500 level. The cryptocurrency was rejected twice earlier at this price point and, as of ...
From @financialjuice|Aug 13, 2025|7 commentsTrump on Fed: We will name a new chairman early. *TRUMP: DOWN TO 3 TO 4 FED CHAIR PICKS Trump on interest rates: It's really just a paper calculation. Trump Says Market Should Be "3 Or 4 Points Lower"
From halborn.com|Aug 13, 2025Qubic, a Layer-1 blockchain designed to implement Proof of Work (PoW) to complete useful tasks, applied its mining pool to mining Monero in an attempted 51% attack against the ...
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From cointelegraph.com|Aug 13, 2025rose above $122,000 on Wednesday, indicating that the bulls have kept up the pressure. The repeated retest of a resistance level tends to weaken it, increasing the likelihood of a ...
From @financialjuice|Aug 13, 2025[UNCONFIRMED] The Google store bans all cryptocurrency wallets in jurisdictions such as the US and EU unless they obtain federal licenses - The Rage. $GOOGL
From morningstar.com|Aug 13, 2025Wall Street gave shares of cryptocurrency-trading platform Bullish a standing ovation in their public debut Wednesday - a sign that investor appetite for exposure to digital ...
